86 Front St, Hempstead, NY 11550
Commercial office space on a busy street, investment opportunity.
- Added:
- Apr 24, 2026
- Days on Market:
- 49
- Last Refresh:
- Apr 24 at 7:51 pm
Property Features for 86 Front St
General Information
- Standard status
- Active
- Size
- 4,796 SF
- Lot size
- 0.12 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1941
Listing agent Xiao Zheng License #10491212408 (718) 886-0668
Listing office Jamie Realty Group (718) 886-0668
Listing date Apr 24, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Jamie Realty Group
HighLights
- High‑traffic location ideal for business investment.
- Boasting a large 4,796 sq/ft interior space.
- Fully finished basement featuring a conference room, kitchenette, and office.
- Elevator access to the basement.
- First floor with a large open area and three offices.
- Six‑car parking.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $143.9k | $30.00 |
| − Vacancy | −$8.2k | −$1.71 |
| EGI | $135.7k | $28.29 |
| − OpEx | −$40.7k | −$8.49 |
| NOI | $95.0k | $19.80 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Hempstead
- County
- Nassau
- State
- New York
- Longitude
- -73.5857887
- Latitude
- 40.6398771
